Market Update:

Bitcoin Holds Above EMA200, Targets $98K

Bitcoin has managed to close a 4-hour candle above the 200 EMA, now sitting at $95.8k, which seems to be turning into support. The next resistance level is at $96.9k, marked by a bearish engulfing candle from last Friday. A break above this could pave the way for a move towards $98k at the very least.